Tag Archives: CRE Phoenix

Defense contracts continue to find their way to Arizona

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Defense spending has been set approximately $700 billion for the year of 2018, with an array of awarded contracts finding their way into Arizona. A $16 billion increase is projected for the year of 2019.

Honeywell, Boeing, and General Dynamics continue to be consistent candidates for contracts, with smaller organizations such as… Read More

Labor shortage increases costs of Phoenix contractors, engineers and architects

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Construction activity is robust in the Phoenix market, and is expected to continue through at least the first half of 2018 based on current forecasts. Office, industrial and multifamily development is at an all-time high, and there are many new ground-up, build-to-suit projects underway throughout the… Read More

Phoenix tech industry job growth ranked 3rd nationwide

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COW photo June20Increasing by more than 39 percent since 2010, Phoenix ranked No. 3 nationally for job growth in the technology and information sector, just behind San Francisco and San Jose in Silicon Valley.

Commonly referred to as the Silicon Desert, the low cost of living in Phoenix has enticed numerous tech… Read More

Phoenix ranks well in urban mobility study

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Metro Phoenix had the third-lowest yearly delay per auto commuter among very large urban areas (population over 3.0 million) in the United States, according to Texas A&M University’s Annual Urban Mobility Scorecard. With 51 hours of extra travel time per auto commuter annually, Phoenix ranked just behind Philadelphia and San Diego, which recorded 48 and 42 hours of delay, respectively.

COW_Phoenix_economy_May 30 2016Cropped

Source: JLL… Read More